Private Trust Co. NA Purchases 12,520 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Private Trust Co. NA raised its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 54.4% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 35,518 shares of the company’s stock after acquiring an additional 12,520 shares during the period. Private Trust Co. NA’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,292,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC grew its position in First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% in the 3rd quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock valued at $654,371,000 after purchasing an additional 2,628,717 shares during the period. Raymond James & Associates increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% during the third quarter. Raymond James & Associates now owns 4,234,856 shares of the company’s stock worth $154,064,000 after acquiring an additional 669,172 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 34.4% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 3,266,343 shares of the company’s stock worth $109,031,000 after acquiring an additional 835,904 shares in the last quarter. Capital Investment Advisors LLC lifted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 7.8% in the 3rd quarter. Capital Investment Advisors LLC now owns 3,242,678 shares of the company’s stock valued at $117,969,000 after acquiring an additional 234,870 shares in the last quarter. Finally, LVZ Inc. boosted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 0.8% during the 2nd quarter. LVZ Inc. now owns 2,716,224 shares of the company’s stock valued at $90,668,000 after purchasing an additional 22,837 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

Shares of SDVY opened at $40.33 on Tuesday. The firm has a market capitalization of $7.06 billion, a P/E ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $28.92 and a 52 week high of $40.60. The stock has a 50 day moving average price of $37.00 and a two-hundred day moving average price of $35.28.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.1383 dividend. This represents a $0.55 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date of this dividend was Thursday, September 26th.

First Trust SMID Cap Rising Dividend Archievers ETF Company Profile

The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an equal-weighted index of small- and mid-cap US companies with historically increasing dividends and that meet various fundamental criteria. SDVY was launched on Nov 1, 2017 and is managed by First Trust.